"Citigroup retail analyst Craig Woolford believes the consortium will be back with a new offer between $15.00 to $15.50 a share, valuing Coles Myer between $17.9 billion and $18.5 billion.
"At this price, there is a sufficient control premium offered to Coles Myer shareholders and the private equity consortium still receives a satisfactory internal rate of return," Mr Woolford said.
"The key questions are whether there is a rival bidder, whether the bid is final and at what price a deal could be completed."
"
"Citigroup retail analyst Craig Woolford believes the consortium...
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.85M | |||
| Open | High | Low | Value | Volume |
| 3.0¢ | 3.0¢ | 2.9¢ | $276.0K | 9.203M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 4056088 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 901000 | 5 |
View Market Depth
| Last trade - 16.11pm 25/07/2025 (20 minute delay) ? |
| GCM (ASX) Chart |